release

release definition - business

release

  1. To make an asset available. For example, a lender releases real estate from a mortgage lien after the loan has been fully repaid.
  2. To free a person from an obligation. For example, a tenant is released from a lease.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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